After a difficult 2012, GDP growth will likely rebound to 3.5% in 2013. Industrial production is expected to rise as external demand firms up. Short-term risks include lower-than-expected growth in the People’s Republic of China, rising property prices, and the weakening yen. Increasing investment is crucial to improve long-run global competitiveness.
| Latest | Month-Ago | Year-Ago | ||
|---|---|---|---|---|
| Exchange Rate Index 1 | 108.3 (Feb13) | 110.3 | 108.6 | |
| Merchandise Export Growth 2 | 10.0 (Jan13) | 2.5 | -5.2 | |
| Composite Stock Price Index 3 | 101.2 (Mar13) | 101.5 | 102.6 | |
| Growth of Broad Money 4 | 3.7 (Feb13) | 2.9 | 5.0 | |
| Industrial/Manufacturing Production Growth Rate 5 | 2.4 (Dec12) | 5.9 | -8.1 | |
| Headline Inflation Rate 5 | 1.2 (Jan13) | 1.6 | 2.4 | |
| Claims on the Private Sector 5 | 5.2 (Dec12) | 4.5 | 6.0 | |
| 1 Monthly average, January 2006 = 100, $/local currency; an increase from previous period indicates appreciation. 2 3-month moving average, y-o-y, %. 3 Monthly average, January 2007=100, local index. 4 M2, y-o-y, %. 5 y-o-y, %. | ||||
| Source: Bloomberg LP; CEIC database; Ministry of Finance; Central Bank of The Republic of China (Taipei,China); Ministry of Economic Affairs; Directorate-General of Budget, Accounting and Statistics. | ||||